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201 W Pacific Coast Hwy - 201-231-245 W Pacific Coast Highway

1.11 Acres of Commercial Land in Long Beach, CA 90806

Investment Highlights

  • Zoned CHW and SP-1-TN, perfect for mixed-used development
  • 3 separate parcels of flat, buildable land spanning about 49,000 SF total (1.13 AC)
  • Located within Opportunity Zone - Tax Incentives available

Executive Summary

Presenting a rare opportunity to acquire a large corner lot at 201-245 W Pacific Coast Highway, a high-traffic area with 3-sided street frontage, ideally situated just two miles from downtown Long Beach. Zoned CHW and SP-1-TN, this site offers flexibility for mixed-use development, including affordable housing. Located within a designated Opportunity Zone, investors can capitalize on substantial tax incentives, including deferred and potentially eliminated capital gains taxes, creating a compelling option for long-term real estate holdings.
Entitlements expired as of March 2024, giving new owners the freedom to shape this site’s future in the heart of Long Beach.

Attachments

201 W PCH OM

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
Total Lot Size 1.11 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 1.11 AC

- 201 W Pacific Coast Highway -- 20,427 sf lot (APN: 7209-022-028) - 231 W Pacific Coast Highway -- 16,000 sf lot (APN: 7209-022-027) - 245 W Pacific Coast Highway -- 12,000 sf lot (APN: 7209-022-023)

Description

Prime Mixed-Use Development Site on Pacific Coast Highway in Long Beach Presenting a rare opportunity to acquire a large corner lot at 201-245 W Pacific Coast Highway, a high-traffic area with 3-sided street frontage, ideally situated just two miles from downtown Long Beach. Zoned CHW and SP-1-TN, this site offers flexibility for mixed-use development, including affordable housing. Located within a designated Opportunity Zone, investors can capitalize on substantial tax incentives, including deferred and potentially eliminated capital gains taxes, creating a compelling option for long-term real estate holdings. Entitlements expired as of March 2024, giving new owners the freedom to shape this site’s future in the heart of Long Beach.

Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7209-022-023
  • 7209-022-900
  • 7209-022-027
  • 7209-022-028
Land Assessment
$5,023,131 CAD
Improvements Assessment
$2,331,293 CAD
Total Assessment
$7,354,424 CAD

zoning

Zoning Code CHW and SP-1-TN (Mixed use land. Multifamily, retail, and commercial developments.)
CHW and SP-1-TN (Mixed use land. Multifamily, retail, and commercial developments.)
  • Listing ID: 33910805

  • Date on Market: 2024-11-18

  • Last Updated:

  • Address: 201 W Pacific Coast Hwy, Long Beach, CA 90806

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